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Need the answers for 6, and 7 Otis purchased a new automobile on Jan. 2, 2016 for $25,000. The auto is used 80% for business

Need the answers for 6, and 7 image text in transcribed
Otis purchased a new automobile on Jan. 2, 2016 for $25,000. The auto is used 80% for business and 20% for personal purposes. Total business miles driven in 2016 is 10,000 miles If Otis uses the automatic mileage method, what is the total (business + personal) adjusted basis of the automobile at December 31, 2016? (The deduction for 2016 is 54 cents per mile of which 24 cents is depreciation) a. $2, 300 b. $22, 600 c. $22, 900 d. $22, 800 e. none of the above Pam holds two jobs, a full-time job with Ivory Company and a part-time job with Fuchsia Corporation. Pam drives her own car to work, and her daily mileage is as follows: Deductible daily mileage for Pam is: a. 70. b. 36. c. 90. d. 34 e. None of the above

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